What are the benefits of holding a passport of a small country?
When it comes to passports of small countries, people may often think of Caribbean or European countries, but Nauru, a small and unpopular country, is the first choice for those with a limited budget!
1. Taxation
- Low tax rates and simple tax system
Nauru has a relatively relaxed tax system, currently mainly taxing "domestic income" (such as local companies or wages), while overseas income (investments, dividends, rents, etc.) is usually tax-free. But the specific policies are subject to the latest regulations!
- No capital gains tax, inheritance tax
If you dispose of assets or pass on wealth in Nauru, there is no relevant tax burden, which is suitable for asset allocation. You can reduce your tax burden in your country of residence!
2. Non-tax advantages
- Higher privacy
Small countries’ financial systems usually value privacy and can be used for better asset allocation and tax planning
- Visa-free travel
Nauru passport is exempt from treaty agreements with 89 countries (such as Singapore, the United Kingdom, etc.)
- The application threshold may be lower
Compared to other investment citizenship programs (such as St. Kitts and Malta), the donation project for Nauru passport is less expensive!
3. Who should consider it?
- Those who seek "unpopular passports" to spread their risks
- Specific business people who need short-term visa exemption
- Those who have already planned their tax structure and only need to supplement their identity




